Insurance agents in Washington state can lose their licenses if they are deemed “untrustworthy.” In an important decision, the Washington State Court of Appeals ruled that Insurance Commissioner Mike Kreidler was correct in revoking insurance agent Jack Chandler’s license based …
New national figures show a significant decline in the number of drunk driving-related fatalities occurring nationally and in 32 individual states, according to U.S. Secretary of Transportation Mary Peters. However, Peters noted that the number of alcohol related fatalities among …
A.M. Best Co. said that all of the ratings and the under review with negative implications status of CastlePoint Insurance Company (CPIC), Bermuda-based CastlePoint Reinsurance Company, Limited (CPRe) and CastlePoint Holdings, LTD (CastlePoint) “remain unchanged following the announcement that it …
Montana had 54 work-related fatalities in 2007, according to the Census of Fatal Occupational Injuries (CFOI) study report released by the Montana Department of Labor and Industry’s Research and Analysis Bureau. That number of fatalities was an increse from the …
The U.S. property/casualty insurance industry reported mixed results in the first six months of 2008, according to a new Fitch report. Profitability declined due to poor investment performance and deteriorating accident-year underwriting results, which were partially offset by favorable prior …
A jury awarded $5 million to James Wisniewski, a former altar boy on Wednesday, August 27, in a widely watched sexual abuse trial. Rev. Raymond Kownacki was convicted of sexually abusing Wisniewski and other youths and top officials of the …
Texas Mutual Insurance Co. (TMIC) said it would appeal to the Supreme Court a decision handed down by the 14th Court of Appeals. The 14th Court rejected Texas Mutual’s appeal of a jury verdict from a district court in Harris …
Officials at Miami University are investigating two fires they say were deliberately set in a dormitory on the Oxford campus. University police say the fires were discovered early Tuesday, August 26 in basement kitchenettes in Hepburn Hall. A fire alarm …
Police and fire officials in Daytona Beach, Florida say seven cars were damaged when a hotel overhang collapsed. Battalion Chief Kris Gray said no one was hurt when the Regency Inn Daytona’s 50-by-50-foot overhang fell on Aug. 26. The overhang …
Volusia County, Florida officials say they are evacuating about 20 homes in DeBary after a sinkhole opened in a neighborhood. The Volusia County Sheriff’s Office and Volusia County Fire Services evacuated homes in the DeBary Golf and Country Club subdivision …